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What is a patent? Why is it important?

Understanding Patents: A Simple Start


Have you ever invented something new and wondered how to stop others from copying it? That’s where patents come in! A patent is a legal right granted to an applicant who has filed a patent application for an invention. It allows them to control how their invention is used, made, or sold for a specific period. This protection ensures that innovators benefit from their ideas while also contributing to technological progress.

What is a Patent?


A patent is a territorial right, meaning it is only valid in the country where it is granted. For example, a patent granted in India protects the invention within India but does not automatically apply to any country other than India.

To qualify for a patent, an invention must meet al least these three criteria: 

  • Novelty – The invention must be new and not publicly disclosed before filing the patent application. However, some countries provide a limited grace period for specific types of disclosures that are made under certain legal exceptions.
  • Inventive Step (Non-Obviousness) – It must involve a technical advancement that is not obvious to experts in the field of the invention.
  • Industrial Applicability – The invention should be useful and capable of being made or used in an industry.

While novelty, inventive step, and industrial applicability are the core requirements for patents globally, each country defines non-patentable subject matter differently. Non-patentable subject matter refers to inventions or ideas that cannot be patented, even if they meet basic patentability criteria. Some inventions that are not patentable in one country might be allowed in another depending on legal frameworks and interpretations.

A patent is valid for 20 years, but the start date depends on how the applicant files the application.

Why is a Patent Important?


Patents offer multiple benefits to inventors, businesses, and society as a whole. Some key advantages include the following: 


  • Exclusive Rights & Protection - A patent gives the applicant (the person or entity who applied for the patent) the exclusive right to prevent others from making, using, selling, or distributing the invention without permission.
  • Encouraging Innovation - By protecting ideas, patents give inventors the confidence to invest time and resources into research and development. Without patents, anyone could copy new ideas, discouraging innovation.
  • Business Growth & Competitive Advantage - Companies use patents to secure funding, attract investors, and establish a strong market position. Patents can also be licensed or sold, creating additional revenue streams.
  • Knowledge Sharing & Technological Advancement - Patent applications are published after a certain period, allowing others to learn from past inventions. This knowledge-sharing accelerates further advancements in science and technology.

Conclusion


A patent is a powerful tool that protects inventions, fosters innovation, and supports economic growth. Since patents are territorial rights, applicants must apply separately in each country where they seek protection.

📌 Disclaimer: This article is for general informational purposes only. While every effort has been made to ensure accuracy, readers should refer to official sources and consult professionals for specific guidance.